America Movil Sab De Cv Class B · BMV:AMX/B
America Movil Sab De Cv Class B — Q2 2021 Earnings Presentation
16 slides from America Movil Sab De Cv Class B's earnings presentation, Jul 13, 2021
Slide 1: Second Quarter Results
Second Quarter Results July 14th, 2021
Slide 2: We added 4.2 million wireless subscribers in the second quarter
Ng AMERICA MOVIL\SECOND QUARTE We added 4.2 million wireless subscribers in the second quarter, more than 2.0 million came from postpaid. Thousand 2920 3Q20 4Q20 1921 2Q21
Slide 3: Brazil accounted for half of the postpaid net adds
AMERICA MGVIL\SECOND QUARTER RESULT ‘iL Brazil accounted for half of the postpaid net adds, followed by Austria, Peru, Colombia and Chile. Postpaid Net Adds - 2Q21 Thousand 159 128 | 232 | | 234 | 1,107 Brazil Austria Peru Colombia Chile Others Total Net Adds Others: includes the rest of the America
Slide 4: We added two million prepaid subscribers in the second quarter
AMERICA MOVILISE COND QUARTER RESULTS We added two million prepaid subscribers in the second quarter, including 777 thousand in Argentina and 432 in Mexico. Prepaid Net Adds - 2Q21 Thousand 102 Le 187 Argentina Mexico Brazil Colombia Ecuador Others Total Net Adds Others: includes the rest of the Ame
Slide 5: 128 thousand broadband accesses added on fixed-line platform
AMERICA Movil ND QUARTER RESUL1 On the fixed-line platform we added 128 thousand broadband accesses with Argentina and Colombia adding 62 thousand each. Broadband Net Adds - 2Q21 Thousand Argentina Colombia Peru Ecuador Others* Total Net Adds Others: includes the rest of the Americas operations as w
Slide 6: Postpaid base up 10.7% and prepaid 5.6% year-on-year
AMERICA MOvIL\SEC Our postpaid base increased 10.7% and our prepaid one 5.6% year-on-year. % June 21 vs. June 20 Mobile Prepaid Mobile Postpaid Fixed-Broadband Fixed-Voice Pay TV
Slide 7: Service revenues increased 5.3% YoY
AMERICA Movil Service revenues increased 5.3% YoY and 1.8% over the quarter. Mobile service revenues were up 7.2% YoY and 2.2% QoQ. Service Revenues* Billions of MxP at Constant Exchange Rates cal a 204 0.8% vs. sou 4Q19 198 195 192 - T T T T T T T T 1 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 =
Slide 8: Sequential increase in prepaid revenues shows recovery
2 < WA AMERICA M6VIL\SECOND QUARTER RESU The sequential increase in prepaid revenues shows the strength of the recovery currently underway in Mexico & the U.S. Mobile Service Revenues* Billions of MxP at Constant Exchange Rates 5.3% vs. a 4qi9 63 —__—+4,4% YOY —_— eT 20% VS. 59 = ~ SN 4Q19 55 T T T
Slide 9: Fixed-line service revenues
AMERICA Movi | On the fixed-line platform broadband and corporate network services presented annual and sequential increases. Fixed-Line Service Revenues* % Annual Change at Constant Exchange Rates 10% 6% 2% -2% -5.3% 10% = 1Q20 2Q20 3Q20 4Q20 1Q21 2Q20 — Broadband —=CorporateNetworks =—=PayTV —=Fix
Slide 10: EBITDA increased 14.6% adjusted for Tracfone carrier discounts
AMERICA MGVIL\SECOND QUARTER RESU Adjusted for carrier discounts from Tracfone, the EBITDA increased 14.6% year-on-year at constant exchange rates. EBITDA* EBITDA Margin Billions of MxP at Constant Exchange Rates % of Total Revenues 85 — gy 36% 11.9% YoY 81 ; 33.6% 4.9% vs. 6 a ———_-+0.8pp. 77 agis
Slide 11: Net profit totaled 43Bn pesos
YY AMERICA MOVIL\SE COND QUARTER RESL ur net profit totaled 43Bn pesos, 120% YoY, on the back of strong EBITDA growth & our net comprehensive financing income. Net Income (IFRS 16) - 2Q21 Billions of MxP +2.8% EBITDA Depreciation and Amortization +9.3% EBIT Comprehensive Taxes and Others Net Income
Slide 12: Capital outlays as of June 2021
AMERICA Movil IND QUARTER RESULT | Our cash flow allowed us to fund CapEx of 57 Bn pesos, reduce debt in the amount 37 Bn pesos & buy back shares of 11 Bn pesos. Capital Outlays - as of June 2021 Billions of MxP EB 5.6 5.0 — —— Total Outlays CapEx Shareholder Net Debt Labor Obligations Others Distri
Slide 13: Share buy-backs larger than in last six years
2 s N AMERICA MOVIL\GECOND QUARTER RESU We bought back 765 million shares, more than any amount repurchased in each of the last six years. Share buy-back Share buy-backs Million of shares Billions of Mexican pesos 800 Ve f 10 / 600 f 8 / f 400 6 / 4 : / 200 / 2 / oO: : oO: ee 2016 2017 2018 2019 202
Slide 14: Free cash flow growth over the last five years
AMERICA MOVIL\SECOND QUARTER RESU Our free cash flow has exhibited a solid path of srowth over the last five years, even in the midst of the pandemic. EBITDA - CapEx Millions of dollars 2016 2017 2018 2019 2020 2Q21 (LTM) 14
Slide 15: Net debt to EBITDA ratio at 1.64
2 s N AMERICA MOVILIGE COND QUARTER RESULTS 2021 Our net debt to EBITDA ratio (LTM) stood at 1.64 under IAS 17. Net debt/EBITDA Times 2.0 1.9 1.8 Lik 1.64 16 + 2Q20 3Q20 4Q20 1Q21 2Q21 *Figures in USD. 15
Slide 16: Second Quarter Results
Second Quarter Results July 14th, 2021
America Movil, S.A.B. de C.V. — Q2 2021 Earnings Presentation on 6ix